NorthMarq completes $60 million construction-permanent loan for Kinsale HQ office property in Richmond, Virginia
RICHMOND, VIRGINIA (March 5, 2020) – Keith Wells, senior vice president, managing director of NorthMarq’s Richmond-based regional office arranged the $60 million construction loan for Kinsale HQ. The 150,000 sq. ft. suburban multiple-story office property is located in Richmond, Virginia. NorthMarq arranged the permanent-fixed loan for the borrower through its relationship with a national bank.
Northmarq is a full-service capital markets resource for commercial real estate investors, offering seamless collaboration with top experts in debt, equity, investment sales, loan servicing, and fund management. The company combines industry-leading capabilities with a flexible structure, enabling its national team of experienced professionals to create innovative solutions for clients. Northmarq’s solid foundation and entrepreneurial approach have built a loan servicing portfolio of more than $76 billion and a two-year transaction volume of $52 billion. Through the 2022 acquisition of Stan Johnson Company, Northmarq established itself as a provider of opportunities across all major asset classes. For more information, visit www.northmarq.com.